Net profit of "Comstar-OTS" on US GAAP in the 4 th quarter exceeded $ 59 million

Net profit of JSC Comstar - United Telesystems "for the US GAAP in the 4 th quarter of 2008 was $ 59.2 million, which is 63% more than the 3rd quarter of 2008 and a 14% increase over the same period of 2007 year. As stated in a communication company, consolidated revenues in the 4 th quarter was $ 391.9 million (an increase of 8% in ruble terms compared with the 4 th quarter 2007). The assets of the company reached $ 4.1 billion figure normalized OIBDA amounted to $ 163.9 million, normalized OIBDA margin was 41.8% Consolidated revenues "Comstar UTS" for 2008 was $ 1 647.7 million (an increase of 11% in ruble terms compared to 2007). Net income for 2008 increased by 4 times and amounted to $ 179.6 million compared with $ 43.8 million in 2007.